How to Set Your Company Up for Success in 2022: The Evolution of First Party Data, Supply Chains, and Apple Privacy Updates

On Up Next in Commerce we’re always looking for what’s, well, up next. How should brands be thinking about their omnichannel strategies? What are some of the new platforms or channels top brands are testing out? How is the ecommerce and retail landscape evolving? With 2021 coming to a close, it’s time to look a little closer at all of those question and try to answer them for brands looking ahead to 2022.

On this episode, I was excited to welcome back Caila Schwartz, the senior manager of consumer insights and strategy at Salesforce, and we dug into some of the stats, data, and insights her team has gathered in order to give some tips and advice to brands that want to get ahead and stay ahead in 2022. We talked about supply chains, loyalty programs, and had a debriefing on the iOS update that’s causing brands across the board to shift their marketing strategies in more ways than one. There are tons of great nuggets in this one so enjoy, and cheers to a great 2022!

Main Takeaways:

• The Battle For First-Party Data: Loyalty programs and social will be key to get first-party data because they are the best ways to engage one-to-one with the consumers. It’s about a give and take between the consumer and the retailer, so the innovators in the space that can create unique ways to engage will ultimately win out.
• Growth Spurts: In 2021, growth was much more modest than in the past and there were fewer promotional campaigns and discounts than in years past. The supply chain issues and the economic issues around the world have played a role in this change, and the trends may not necessarily reverse in 2022. As a result, consumers are impacted and brands have to find ways to pivot to make sure that consumers are getting the best possible experience.
• iOS Update TLDR: Apple’s update in late 2021 has flipped email marketing on its head and brands have to adjust. If your marketing strategy is built around or includes open rates, then you should be rethinking and refocusing on click-thru rates instead. To get more results in that area, you have to level up your actual emails and create better, more engaging content.

For an in-depth look at this episode, check out the full transcript below. Quotes have been edited for clarity and length.

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For a full transcript of this interview, click here.